New Jersey is a no-fault insurance state. What that means is that the standard automobile insurance policy automatically provides $250,000 of insurance coverage for medical bills (commonly called PIP coverage) incurred as a result of a car accident regardless of whose fault caused the car accident. In the event of a lawsuit, the first $250,000…… Read More
Experts estimate that around 15 million Americans will attend at least one professional sporting event each year. Spectator injuries are a statistical rarity considering the large amount of people who attend such events, but they do still occur at times. When a spectator is injured during a sporting game, they may mistakenly believe that the…… Read More
As we begin to age, we start losing the ability to physically and mentally complete tasks that seemed so simple at a younger age. Driving is an extremely complex activity that many older adults struggle with. Statistics consistently reveal that motor vehicle accidents involving older adults over the age of 65 are often just as…… Read More
Personal Injury Lawyers Advise Clients about Motorcycle Insurance throughout New Jersey
When is the last time you sat down with your motorcycle insurance policy and read it cover to cover? If you answered, “never,” you are like almost everyone else who looks at the bottom line number and writes a check. The problem, however, is that motorcycle insurance is most definitely one of those things where you get exactly what you pay for and, oftentimes, what you get won’t be enough when you need it most.
The experienced and highly knowledgeable motorcycle accident attorneys at Team Law invite you to have your motorcycle insurance policy reviewed for free. We don’t sell insurance. There are no hidden agendas. Team Law motorcycle accident attorney Andrew Prince offers free policy reviews because he knows that most people don’t consider what their policy truly offers – until it’s too late.
Contact any of our conveniently located offices in North Jersey including Clark, West New York and Jersey City for your free insurance policy review today.
What are the Requirements for Motorcycle Insurance in Essex, Hudson, Middlesex, Union and across NJ?
According to New Jersey State Law, all motorcyclists must maintain a minimum of $15,000 in liability insurance. Failing to do this puts you at risk for stiff fines, suspension or revocation of your motorcycle license for up to one year and community service.
It’s not unusual to buy the minimum policy; it costs less money. Some people hear the low premium quote and buy the policy. This is a bad idea, says Mr. Prince. Buying the minimum policy gives you the least amount of insurance coverage. Think about that.
Motorcyclists know the dangers associated with riding; motorists never see you and critical, even fatal, accidents happen every day throughout NJ. If you get into an accident with an uninsured or underinsured motorist, the most you can get from your own carrier is the amount of liability coverage you purchased.
Look at it this way: If you purchase the maximum amount of liability insurance you could have between $250,000 and $500,000 at your disposable in the case of an accident. If you have an accident that is not your fault, you can sue the other driver’s insurance company for the maximum amount of their liability coverage. If they bought significant coverage, that’s great news! If they bought the minimum ($15,000) or worse – they are uninsured – you will be out of luck. You’ll have to turn to your own policy for financial compensation.
So that’s $15,000 from the other guy; and, if you bought the same minimum $15,000 policy, you could get a maximum of $30,000. (If they have no insurance, you are looking at only $15,000 in compensation! How far would $15,000 to $30,000 go if you or someone you love is in a catastrophic motorcycle accident? Not very far at all.
You can buy a liability policy valued at $250,000 to $500,000 (depending on the carrier’s max policy offerings) for less than a dollar a day in most cases!
Insurance carriers sell policies; they want you to buy whatever they are selling. Team Law’s Andrew Prince focuses his entire legal practice on helping bikers injured in motorcycle accidents in Orange, Westfield, Summit and across New Jersey. He does this by making sure motorcyclists are protected before they even take to the road. However, if you or someone you love has been hurt in a bike crash, he will help you get the financial compensation you need and the justice you deserve.
Mr. Prince is passionate about the riding community and knows exactly how much motorcycle insurance you need to keep you safe and protect you going forward in New Brunswick, Newark, Clark and throughout New Jersey for over 25 years. Mr. Prince is on the Board of Directors of Rider Education of the State of New Jersey and is a contributor to the American Motorcycle Association. Call him today to claim your free motorcycle insurance policy review.
Why Cheaper is always “Less” When It Comes to Motorcycle Insurance
You’ve seen and heard the commercials from insurance carriers who vow to save you money on your motorcycle insurance. Some even do it in “15 minutes or less.” It’s critically important for you to know that when you pay less, you get less when it comes to insurance. Period. In fact, this is the reality with most things we purchase. If you only want to spend $2,000 for a motorcycle, you will get the bike you pay for, right? You won’t find a brand new Harley for two grand.
Same goes for insurance: the carriers can charge you less because they shave off coverage. The easiest way to lower a policy premium is to reduce liability coverage. Sure, you’ll save a couple of hundred dollars on your premium. Will it be worth it when you are in an accident? The difference between the minimum liability coverage ($15,000) and the maximum ($500,000) is clearly more than the couple of hundred you spent on the better policy.
Mr. Prince has been fighting for the rights of motorcyclists in New Brunswick, Newark, Clark and throughout New Jersey for over 25 years. He is on the Board of Directors of Rider Education of the State of New Jersey and is a contributor to the American Motorcycle Association.
Speak to a Savvy Attorney at Team Law Today for a Free Consultation about Your Motorcycle Insurance Policy
Bottom line is this: when you buy the minimum policy, you are taking a big risk. Is your luck that good? Mr. Prince truly believes that it’s far better to hope for the best but plan for the worst when it comes to motorcycle insurance. Do not sell yourself short; max out on motorcycle liability coverage.
Contact Andrew Prince or any of the other highly successful personal injury lawyers at Team Law today about your motorcycle insurance or accident and injuries. We’re on your side.
"I would absolutely recommend Roy Konray and his colleagues at Team Law. Roy took his time to get to know me and my medical malpractice case. In addition to being friendly and very easy to get along with, Roy did his homework. He is very knowledgeable about medical information and came to trial prepared to fight for my rights. He kept me informed throughout the process and was on my side every step of the way. I'm sincerely grateful to have been represented by him and even more grateful for the verdict he won for me." [read more]